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Guyana signs air services agreement with world’s largest oil producer

OilNOW -
Aiming to be a major transport hub in the Latin America and Caribbean (LAC) region, Guyana has entered into an Air Services Agreement with the world’s largest oil producer, the Kingdom of Saudi Arabia. Guyana’s Minister of Public Works, Bishop Juan...
Exploration

CGX, Frontera announce discovery of light oil, gas condensate at ‘plugged and abandoned’ well

OilNOW -
Following their receipt of integrated results for the Kawa-1 well, Canadian joint venture partners, CGX Energy Inc. and Frontera Energy Corporation announced on Monday that the “finder well” successfully unlocked light oil and gas condensate at the Corentyne Block. Gabriel...
Exploration

Guyana holds over 10% of all conventional resource finds since 2015

OilNOW -
Guyana has made its mark in the global oil and gas industry with an estimated proven recoverable resource of nearly 11 billion oil-equivalent barrels in the ExxonMobil-operated Stabroek Block. “That figure accounts for more than 10% of all the conventional...
News

Exxon pledges strictest adherence to int’l standards on flaring, produced water treatment for Uaru Project

OilNOW -
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has assured authorities in Guyana that its proposed development at Uaru will abide by the strictest international standards and best practices for gas flaring and produced water. Application process for Exxon’s...
News

Yellowtail Development: Exxon to provide gov’t with list of training opportunities for Guyanese

OilNOW -
The Petroleum Production Licence (PPL) for the US$10B Yellowtail Project stipulates that ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), must provide the government with a list of potential opportunities for local and overseas training or secondee positions within its...
News

Baker Hughes, Halliburton, Schlumberger get extended contracts with Equinor for integrated drilling, well services

OilNOW -
Norwegian state-owned multinational energy company, Equinor, announced on Friday that it is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS). These companies, trusted oilfield...
News

SBM Offshore supporting ‘first of its kind’ aquaculture farm in Guyana

OilNOW -
SBM Offshore’s Environmental, Social, and Governance (ESG) approach to its activities continue to guide the company’s operations in Guyana as it remains resolute in the pursuit of sustainable development.  The company is leading a series of initiatives geared towards...
News

Exxon to conduct gas utilization study as Guyana preps for domestic use, mulls exports

OilNOW -
The Government of Guyana has initiated steps to ascertain how much gas is available for export from the ExxonMobil-operated Stabroek Block where over 30 discoveries have been made amounting to nearly 11 billion barrels of oil equivalent, inclusive of...
News

Port of Vreed-en-Hoop: More than just a shore base

OilNOW -
On the surface, the multi-billion dollar ‘Port of Vreed-en-Hoop’ may seem like it will be a regular shore base facility, but it’s intended for much more than that. Three businessmen – Andron Alphonso of ZRN Investment Inc., Nazar Mohammed of Hadi’s World Incorporated and...
News

World’s largest deepwater producer to exchange energy plans with Guyana

OilNOW -
The Presidents of Brazil and Guyana, Jair Bolsonaro and Dr. Mohamed Irfaan Ali, met in Georgetown on Friday and agreed to cooperate on energy matters. They intend to intensify information exchange on their national energy plans, experiences in regulatory matters...
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Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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